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Andrew Lo warns investors: AI chatbots lack empathy for sound financial guidance.

Araverus Team|Monday, February 9, 2026 at 6:43 PM

Araverus Team

Feb 9, 2026 · 6:43 PM

AI Chatbots · AI Ethics · ChatGPT · Financial Advice

AI Chatbots AI Ethics ChatGPT Financial Advice

Andrew Lo, a finance professor at MIT, argues that AI chatbots like ChatGPT are unsuitable for financial advice due to their lack of empathy, comparing them to sociopaths.

He and a graduate student emphasize the risks of AI providing both good and bad advice convincingly.

Andrew Lo warns investors: AI chatbots lack empathy for sound financial guidance.

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